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Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 7:17am On Jun 07, 2020 |
fxuser: Always helpful sir |
Re: Nigerian Stock Exchange Market Pick Alerts by Miscellaneous(m): 7:20am On Jun 07, 2020 |
meshpips: This chart u pulled up, is it from tradingview? Where? |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 7:22am On Jun 07, 2020 |
ositadima1: interesting . . |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:48am On Jun 07, 2020 |
ositadima1: My view A+ setup entry is at 0.76 A buy from 0.96 is about the next best thing. 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 7:52am On Jun 07, 2020 |
Miscellaneous: This one is from investing.com |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 7:55am On Jun 07, 2020 |
meshpips: This your charts won't work...you are telling me FCMB will come down to 0.76 or 0.96 Please put a time frame...not that people would make all the profit in the market and then if in 2021/2022 something happens and price falls you come out and say I told you so. But all this your analysis for Zenith back to N11 or FCMB @0.96 will not wok in 2020 again. See the way fxuser describes his chart... Don't come and be giving us imaginary price. Put a time frame or rest abeg! 9 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:56am On Jun 07, 2020 |
hectoro: u sound like a long termer........If u are not a frequent trader, I suggest u go for a brokerage house with good customer service........I suggest meristerm 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:01am On Jun 07, 2020 |
fxuser:weekly chart (takes out the noise) i get the symmetrical view , lets consider a descending pattern , similar to fidelity - price finds support at base level , its held from 2018 to date - but every bounce of it fails to go far, wh forms a descending slope - will discuss this another time 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:09am On Jun 07, 2020 |
stcool: '' then if in 2021/2022 something happens and price falls you come out and say I told you so. '' hehehehehe 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:28am On Jun 07, 2020 |
hectoro:I have a similar case like that, until I try to unit my CHN in the 3 brokers that I use, I write to CSCS and I was asked to pay some certain amount of money to get the summary report of all my share holding with different stockbrokers as I requested which I paid, and the answer was provided, and they ask me to write back to them through one of the active stockbrokers I used, which I deed. To cut the story short I later resort to the following, I open another account with Morgan capital, making it two account with them, thereby instructing them to use the CHN which I have with CSL that I want to use, since I have activated most of my e-dividend mandate with that. After my instruction the made mistake to open the new account with new CHN account, I write back and insisted that they should follow my instruction of using the CHN account number I used with CSL and they correct the mistake and changed it to that CHN number I want. Now I have uniform CHN number with CSL and Morgan capital, and still maintain the first account with Morgan capital that have different CHN, because I have stock too that I activated their e - dividend mandate with that CHN number. So whenever I paid money to Morgan capital, I usually send email instructing them my account to be fund. On the stockbroking firm recommendation, I will recommend the CSL and Morgan capital, they are both efficient, chose any of them, and remember to write your preferable CHN number in its provision while fill their form. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 8:28am On Jun 07, 2020 |
fxuser: GSK - decent move off its 52 week Low of N3.45 , d dividend is a distraction |
Re: Nigerian Stock Exchange Market Pick Alerts by 1kinggy(m): 8:30am On Jun 07, 2020 |
Chibuking81: Thanks for this. Kindly share the address and the likely fees to be paid for anyone in a similar situation. Thanks. |
Re: Nigerian Stock Exchange Market Pick Alerts by Miscellaneous(m): 8:34am On Jun 07, 2020 |
meshpips:Thanks... If I want to trade nigerian stocks daily like forex, what website can I go? Must I discuss with a broker? |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:08am On Jun 07, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:09am On Jun 07, 2020 |
stcool: Leave him. Let the market decide. No be mouth dem dey take trade stocks. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:14am On Jun 07, 2020 |
meshpips: |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:16am On Jun 07, 2020 |
DrAwo: Thanks bro for this analysis. Meshpips told investors that it will get to N3.13 since July 2019 And they are still waiting for this. We are in a bullish phase o. Those that have ears, let them hear! 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:22am On Jun 07, 2020 |
meshpips: I am waiting. Na today people don dey draw trendlines Didn't people draw trend lines in January 2018 and 2020? And wetin happen? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:24am On Jun 07, 2020 |
GonFreecss1: CSL STOCKBROKERS charges about 1.45% for buying and 1.55 for selling, total 3% Morgan used to charge about .65% for buying and .85 for sell total = 1.5% before, but they have increase theirs to around total of 2.2% buying and selling commission. |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:38am On Jun 07, 2020 |
1kinggy: 1st Floor, Stock Exchange House: 2/4 Customs Street, P.O.Box 3168, Marina, Lagos, Nigeria. https://www.cscs.ng contact@cscs.ng BELOW was their reply. Thank you for contacting CSCS customer service. Please pay the sum of 630 NGN to the account below to enable us to scan your statement to you. Account name - Central Securities Clearing System Account number - 2023148006 Bank name - First Bank Nigeria PLC Also, respond with the tracking number and date of submission of the account merging request to enable me to track the status. We appreciate your patience and understanding. For further inquiries, please do not hesitate to contact us at contact@cscs.ng or by calling 0700 CALL CSCS i.e. 0700 22552727 from 8 am to 5 pm Monday - Friday. Do you want to “GET MORE”? Kindly update your current contact information (phone number, contact address, email and date of birth, etc.) with your stockbroker for easy access to CSCS Plc. 2 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:42am On Jun 07, 2020 |
meshpips: You have said Zenith bank will fall to 11.90 and we have corrected you that a big bank doesn't fall in isolation. All in the sector must fall. So since you are expecting a bear in the banking sector, why don't we wait till your forecast comes to pass. The main thing is that you have seen the bearish body you are looking for in Zenith. And from your estimation, the count has started. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 9:55am On Jun 07, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 10:08am On Jun 07, 2020 |
RabbiDoracle: The max I can give him is 3 months starting June. If by August ending 31st, Zenith does not touch N11 as he predicted. I would advise he throws away that his model and face his forex. Meanwhile I keep buying stocks in the weeks ahead. |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:32am On Jun 07, 2020 |
https://www.opec.org/opec_web/en/press_room/5966.htm The 11th OPEC and non-OPEC Ministerial Meeting concludes No 9/2020 Vienna, Austria 06 Jun 2020 The 11th OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Saturday, 06 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Meeting recalled the rights of peoples and nations to permanent sovereignty over their natural wealth and resources. The Meeting reaffirmed the continued commitment of the participating producing countries in the ‘Declaration of Cooperation’ (DoC) to a stable market, the mutual interest of producing nations, the efficient, economic and secure supply to consumers, and a fair return on invested capital. The Meeting welcomed Ecuador, Indonesia, Trinidad & Tobago as observers. The Meeting recalled the decision taken by all Participating Countries in the DoC at the 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting on 12 April 2020 to adjust downwards overall crude oil production. The Meeting noted additional adjustments from Saudi Arabia (1 mb/d); the UAE (100 tb/d); Kuwait (80 tb/d) and Oman (10-15 tb/d) in June; the announcements of voluntary adjustments from several countries, such as Norway and Canada; as well as various oil company statements revising downward production plans and shutting in supply. The Meeting underscored how the production adjustments in May, alongside the emergence of many economies from the lockdowns due to the COVID-19 pandemic, have helped garner tentative signs of a recovery in the global economy and oil market. However, the Meeting emphasized that it was vital that DoC Participants, and all major producers, remain fully committed to efforts aimed at balancing and stabilizing the market. In this regard, it was noted that global oil demand was still expected to contract by around 9 mb/d for the whole of 2020. In view of the current fundamentals, and following the agreement reached at the 179th Meeting of the OPEC Conference, all Participating Countries: Reconfirmed the existing arrangements under the April agreement. Subscribed to the concept of compensation by those countries who were unable to reach full conformity (100 per cent) in May and June, with a willingness to accommodate it in July, August and September, in addition to their already agreed production adjustment for such months. Agreed the option of extending the first phase of the production adjustments pertaining in May and June by one further month. Recognized that the continuity of the current agreement is contingent on them fulfilling elements 1 and 2 above. Agreed without dissent that the full and timely implementation of the agreement remains inviolable, based on the five key elements, and endorsed the ‘Statement on the Declaration of Cooperation,’ which is annexed to this Press Release. The Meeting also called upon all major oil producers to proportionally contribute to the stabilization of the oil market, taking into consideration the substantial effort made by the OPEC and non-OPEC Participating Countries of the DoC. In order to observe the fair, timely and equitable implementation of the above, the Joint Ministerial Monitoring Committee (JMMC) was requested to closely review the general energy market conditions and related factors, oil production levels, and conformity levels with the DoC, assisted by the Joint Technical Committee (JTC) and the OPEC Secretariat. The JMMC is to meet monthly until December 2020 for this purpose, with the next JMMC set for 18 June 2020. The Meeting decided that an OPEC and non-OPEC Ministerial Meeting also will convene in Vienna, Austria, on 01 December 2020. |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 11:15am On Jun 07, 2020 |
RabbiDoracle: Guy, Stop mixing issues. I didn't analyse for any other bank. Whether or not they fall is not a bother to me. I spoke concerning Zenith only. I still dey wait your up trend line for that zenith weekly chart. 2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 11:19am On Jun 07, 2020 |
stcool: Y'all need to understand that I take A+ setup ONLY. All the other little moves inbetween do not really interest me. When price comes to the supreme support or the penultimate support, I can buy. Anything outside of those two levels I will never trade. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 11:22am On Jun 07, 2020 |
N/A |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 11:33am On Jun 07, 2020 |
meshpips: This your trade set up needs to be worked on for stock. It may work for forex due to high volatility in price but not Stock. FCMB that did not even see N1 during the last Covid bears is what you want to buy now @N0.96k I can't even fill a bid below N1.70...fear God 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 12:55pm On Jun 07, 2020 |
GonFreecss1:CSL STOCKBROKERS charges about 1.45% for buying and 1.55 for selling, total 3% I used to have the complete structure, but can't trace it now. |
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 1:29pm On Jun 07, 2020 |
meshpips: Initial gra gra... e be like say you never pay school fees yet 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:30pm On Jun 07, 2020 |
stcool: Bra, this analysis cannot see the day. Buhari would need to do one of the following in 2020 for zenith to retest N11. 00 and FCMB 0.97. He will need to move all d Headquarters of banks to Katsina. Move the two Lagos ports to the North Hard locked down on Rivers and Delta state. Then, the price of Zenith will touch sub N11. 00. Failure to do dz, Zenith will trade at circa 14 to 20 for the rest of the year. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:30pm On Jun 07, 2020 |
stcool:The guy has refused to accept that stocks is not only about TA.It has to do with TA,FA,SA, Human behaviors and Your village people for those into JiJo ,lol 2 Likes |
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